Mongolia's Economic Boom Is Leaving Many Behind (2014)
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- čas přidán 7. 09. 2016
- Out Of Steppe (2014): Mongolia is powering into huge economic growth. However with this shift comes great concerns over identity and wealth inequality, as many Mongolians are left behind.
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"There used to only be bread and salt on our stalls. The transition has been very quick", explains Dagvadorj, one of Mongolia's richest businessmen. Of 3 million Mongolians, half live in the capital; there has been a rural exodus since a new consumerist way of life has emerged. While many have prospered as Mongolia grows rich, from globalisation, and inward investment; wealth inequality is extreme "with one third under the poverty level". A tale of two Mongolia's is emerging. As economist Danbadarjaa claims: "prosperity is not felt by every family". As Mongolia races forwards, for the "nomads crammed into the yurt slums that surround Ulan-Bator, poverty and alcoholism are rife" Tuul Saruula, claims. A fashion designer she signifies the new rich Mongolia. But as Mongolia develops, huge challenges remain.
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Mongolia was not a Soviet Republic. It was an independent socialist country like China or Cuba.
I don't know about the future but Mongolia had a impressive past and a massive empire.
nothing is sacred and nothing is forever
Yeah but from what I see many mongols should probably wake up from this dream that took place 8 centuries ago
The population is only around 3 million. Much less than Hong Kong. The land area is many hundred times. Getting such a small population rich should not be difficult.
@@NoName-mx4uk Rothschilds run away when they hear genghis khans name.
But we have rich land in the future our population get bigger and start using our land
Yeah, such a shame.
Correction: Mongolia was never a Soviet republic.
They ran a puppet government there for decades.
They did but it was never a part of the Soviet Union.
Correct.
not officially because not even the russians wanted it. learn the meanings of DE JURE and DE FACTO. Mongolia was built and owned by the USSR
For example kazakhstan, Ukrain are part of soviet republic. But Mongolia was independent country. They had un status that time. So don't talk about that shitty things. Forefathers of Mongolian people were so smart. They make really good strategies between china and russia. That's why they never been part of USSR
Mongolia was independent from China in the last century. At the time, the Soviet Union had planned an independent referendum with Mongolian leaders in order to disintegrate China. 99.9% of Mongolians wanted independence.
Since the history has already taken place, China does not want to change the status quo and hopes that Mongolia will never return to China. Moreover, China's purchase of Mongolian coal and resources is paid, and it provides Mongolia with an export port, not plunder. If Mongolia does not welcome China, it can break diplomatic relations with us. In addition, Mongolians overgraze, most of the grassland desertification, sandstorms blow every year to China Beijing and South Korea, Japan, hope Mongolia can control desertification effectively.
Because the Mongolian Communist Party and the Soviet Union killed all the Mongolians who did not want independence
I hope Mongolia can draw in ecological cooperation with their neighbors, everyone benefits from fighting desertification.
How do they breath without having minimum number of trees across the country?
I find it very magical that kids are growing up even though there are very limited infrastructure
Go to Mongolia travel and drop some money as a rich nation citizen
Mongolia🇲🇳 Love you❤ all from India🇮🇳❤
they should start growing trees as well.
Trees don't grow there genius 😜 Most of the country is prairies and dessert lands...
Grassland is too dry to grow trees
Don't need to be insulting! I just think with irrigation, they should add some tree to the city if they can manage it.
Feon Jun It is climate that doesn't allow for trees to grow, irrigation would be a waste of resources and time. Don't be so sensitive.
Feon Jun come here and teach me tree
Mongolia🇲🇳 ❤ ❤❤❤India🇮🇳❤
THERES GOT TO BE A WAY OR AN UNDERSTANDING NOT TO LET OTHER COUNTRIES RUIN YOUR LAND
For those who thinks Mongolia is at the line of collapse, I proudly say see us in the future. We're just starting.
Just starting to collaps ?
I have sad news; your future is within China like Inner Mongolia. Learn geopolitics and quit nationalistic delusions. Emotion doesn't write history!
how are you gonna do this when everything is owned by foreign banks and China? the country is 100% dependent on almost everything and has no expertise in almost anything. nationalistic pride is a bad substitute for reality!
Mongolia cannot transport w/o going through China or Russia & flights have to go through Chinese or Russian air space. With only 3 million people, it’ll split b/w Russia & China. Mongolia is cold & barren so from beginning of time it could not support sizable population.
Didn’t Mongolia became China under ghengis khan?
Wow. Blew my mind. I feel like I've added a full wing to it! Ty
Mr Rockstar had me laughing....and omg the wrestlers 🤼♂️
I would love to visit there one day. Asonaba Kwabrafoso Obuasi
Beautiful country.
ROFL
22:10 lol 3 head banging in such a small room...lol
Mongolia is always at the mercy of her neighbor. China and Russia. If both border shall close, mongolia is doom.
Mongolia economy would be in trouble and the currency would lose its values and the unemployment would sky rocket and resource are not nationalized. Mongolia resources goes to 35% copper and coal goes tot China. Climate change killed many of their herds and many end up in the slums.
@@Brandonhayhew Wrong. A country with the rights to its own resources and production becomes a powerhouse almost overnight. WW2 Germany for example, in 3 years became a world power. Mongolia would have 0 unemployments if the borders closed and all exports were diverted back into the country and the fake useless money was taken out of the picture.
@@Brandonhayhew dude North Korea poverty is 60% Mongolia poverty 29% plus stop saying our country poor. Our country is not a third country we r just natural country and most nature country U dum bass
@@Brandonhayhew plus we’re not poorer then North Korea look our economy it’s better then North Korea
@@hirokidabar4655 you mean turn your own country, into another North Korea. Waste all of your resources and people’s lives in labor that will make them medical nightmare problems. Good way to kiss nazis Germany ass. That makes no difference, at the end, your always depending on China.
9:33 "when i was child, back in SOVIET times, until the 1990s..."
They remind me of native Americans and other indigenous peoples.
Mongolia just embraced the market economy way to fast, it didnt prepare itself to deal with shock
It might not be so bad had they not removed the limit on livestock, which has led to decades of overgrazing.
Classic life for the nomadic no rush
Mongolian's economy is in negative growth since 2015
this dude must be the fan of doctor who , i can only hear he says doctor ctor ctor orrr, doctor
The guy sounds like he was Gordon Ramsay's younger brother
CHAOS!
I visited Mongolia in 2015 it’s a beautiful country.
i am just sorry for the children
They seem to be wonderful people
5:20 Hey that's what we need over here a "new choice" here in the US. The old system is no longer working for us and we need this too !
They seem to be doing pretty well
how can that be when ppl cant breathe because of pollution and no running water and farmers cant afford to feed their goats and also poverty is high!
Nice beamer!
Hey can you show in 2017
That guy struggling with the blinds lol
Who is the guy with the bowtie? I like his steez. It'd be cool to have him speak about Mongolian economic growth in NYC.
3:40 nice
Jaja, before they were thought as oportunists and not as entrepeneurs, aren't both things the same with the difference that being an entrepeneur is worst?
Another title could be many are succeeding and wealth is growing in a former poor country
Now Mongolia is really bad shape.
It's a fact that Mongolians have a never give up attitude. After all they have Gengis Khan on their side.
trading their amazing culture for consumerism is a great loss. they also seem naive in terms of foreign banks and powerful countries. it is a selfish competitive world, do they really understand how they will try to enslave them? they need to protect their resources and never shut down their nomad cultures. can only hope so.
jade rozner seeing as they at some point enslaved half the world one should think that they know how it works
They were just plundered by their officials, who lived in luxury in Mongolia
Mongolian officials live in luxury while the vast majority suffers in poverty. So fucked up.
This seems to be a good life for them
Interesting documentary but you should not call mongolia was a soviet unit, how come you didnt find out mongolia was a sovereign state since we have paid the price for it
15:39 Funny to see the notary was playing some stupid computergame just before ...
and you wonder why this country is in the current state that it's in.
Wannes Depondt i
That game must be stupid if you don't need a keyboard for it
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The thing about Mongolia is that it is not a civilized state. It's population is nomadic and consists of herders. Going from a Nomadic state to one that is modern will be difficult and very long. I understand that they like democracy, but do they know the importance of Magna Carta?
Josh Tep your face looks more nomadic to me
Josh Tep actually,a lot of people live in towns and cities for work
Someone of partially African descent remarks that “Mongolia is nomadic and will therefore won’t be successful in city building”.
How is Africa doing, dude? Can you check on them?
A Soviet Republic until 1992??? From where did you get this information? May be you meant that Mongolia was a communist state?
Freaking same after 10 years. No common sense, No nothing
2:13 oh my GOD!!! the ceremonial swapping of semen!! its never been filmed before this!
golden horde
haw can beauty this girl is and good hart
I think with decent trading and resources they can become a top tier nation.
these people can barely use a computer, so I doubt it
Lol what an utter bullshit there was no such thing as “Mongolian” empire lol
A Soviet republic!!!?? And i stop watching
Pure neoliberalism
Also, typical of neoliberalism. Ngos instead of changing income distrobution, costs of living, social security, exploitation, rural exodus and the root causes of poverty.
Mongolia has a lot of bad karma still to come from ghengis
Why doesn’t Germany or Japan have a lot of bad karma? Their recent war crimes took many lives of tens of millions.
You’re just biased af. It’s a matter of geography. Japan is an island, it can thrive in world trade and doesn’t depend on any country. Germany sits in a center of Europe which is already rich part of the world and have great accessibility to ocean. Both, Japan and Germany were heavily aided by US in rough times, the world’s richest nation.
Mongolia doesn’t have ocean access and depends highly on great bullies. Where is the US?
Don’t say that.